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Click ‘Get Form’ to open the Sallie Mae forbearance form in the editor.
In Section 1, enter your personal information including your SSN, name, address, and contact details. If any information has changed, check the corresponding box.
Move to Section 2 and indicate your reason for requesting forbearance by checking one of the options provided. Specify if you wish to temporarily stop payments or make smaller payments.
Fill in the dates for the requested forbearance period in Section 2. Ensure that you follow the MM-DD-YYYY format as specified.
Review Section 3 carefully. Acknowledge your understanding of the terms by checking each applicable statement and signing at the bottom of this section.
Follow instructions in Section 4 regarding supporting documentation. Make sure to include your name and account number on any additional documents.
Once completed, save your form and submit it as directed in Section 4.

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Does Sallie Mae allow forbearance?

Student Loan Forgiveness or Modification Options Unemployment: If youre unemployed, you may request deferment or forbearance from Sallie Mae. Other alternatives like refinancing your loans could be considered if this is denied.

Is it better to defer or forbearance?

Deferment allows qualified borrowers to pause student loans repayment and, in some cases, suspend interest for up to three years. Forbearance doesnt allow you to save on interest but has broader criteria and no limit to the number of times you can do this.

How to submit a forbearance request?

However, your loan is still considered part of your personal credit. Even in forbearance, the amount of your loan will be taken into account and could impact your score. Sallie Mae - Understanding Credit Sallie Mae writtencontent resource Sallie Mae writtencontent resource

How to put Sallie Mae loans in forbearance?

There are multiple ways to apply for a forbearance or deferment. OnlineYou may be able to apply for certain forbearances and deferments on your servicers website. Find your loan servicer. Mail or EmailTo apply by mail or email, you must. PhoneContact your loan servicer if you are experiencing financial hardship. Get Temporary Relief: Deferment and Forbearance | Federal Student Aid Federal Student Aid manage-loans lower-payments Federal Student Aid manage-loans lower-payments

How do I put my student loans in forbearance?

There are multiple ways to apply for a forbearance or deferment. OnlineYou may be able to apply for certain forbearances and deferments on your servicers website. Find your loan servicer. Mail or EmailTo apply by mail or email, you must. PhoneContact your loan servicer if you are experiencing financial hardship.

sallie mae forbearance form pdf

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